Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal Eduvest - Journal of Universal Studies
Septiawan, Rio Rizqi
Unknown Affiliation
Aerospace Engineering Computer Science & IT Health Professions Neuroscience Social Sciences

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
Critical Analysis of Toll Road Investment Through A Systematic Literature Review Approach: Trends, Challenges, and Opportunities Septiawan, Rio Rizqi; Jin, Oei Fuk
Eduvest - Journal of Universal Studies Vol. 6 No. 2 (2026): Eduvest - Journal of Universal Studies
Publisher : Green Publisher Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59188/eduvest.v6i2.52393

Abstract

Toll Road Investment is a key strategy in transportation infrastructure development aimed at improving connectivity, logistics efficiency, and economic growth. However, financing complexity, regulatory uncertainty, and socio-political risk dynamics make this investment face serious challenges. Twenty scientific articles published in Q1–Q3 between 2019–2024 were evaluated based on their study focus, key findings, geographic context, and journal rankings. The research results indicate that toll road investment trends are undergoing a significant transformation, marked by the dominance of Public–Private Partnership (PPP) schemes, the integration of digital technology, and a lifecycle-based management approach. Meanwhile, the key challenges identified include a weak regulatory framework, financial risks, limited government capacity, and minimal stakeholder involvement. Conversely, opportunities can be leveraged through strengthening project governance, utilizing innovative contract models, and adopting risk- and sustainability-based performance evaluation systems. These findings are expected to provide theoretical and practical contributions to academics, policymakers, and investors in designing more adaptive and sustainable toll road investment strategies in the future
Co-Authors Jin, Oei Fuk